The Minister of Finance, Fernando Haddad, announced this Thursday (21) that the package of measures will be finalized next Monday (25), in a meeting with President Luiz Inácio Lula da Silva (PT). According to Haddad, the proposal has already been discussed with the presidents of the Chamber, Arthur Lira (PP-AL), and the Senate, Rodrigo Pacheco (PSD-MG), in addition to some Congress leaders.
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“The package is sufficient to reinforce the fiscal framework. It allows us to achieve budget balance, control the debt trajectory and create conditions for future interest reduction, with inflation within the target”, stated the minister.
The initiative, according to Haddad, is an essential step towards consolidating economic stability and promoting the country’s growth. The package also aims to strengthen the government’s commitment to the fiscal framework approved this year, aligning public accounts with a more sustainable monetary policy.
“We have already advanced some measures for parliamentarians, for some leaders, for the presidents of both houses. It is enough to reinforce the fiscal framework”, he declared.
According to behind-the-scenes reports, Haddad signaled to Congressional leadership and party leaders that the package, which foresees savings of R$25 billion to R$30 billion in 2025 and R$40 billion in 2026, includes changes in the adjustment of the minimum wage, adjustments to the criteria of social programs, such as Bolsa Família, and a fight against what the minister calls “super salaries”.
Earlier, the minister was supposed to stay until next week. According to him, Lula will not give up on achieving fiscal balance, but he will not change health and education expenses, which were targeted by the economic team to comply with the same rules as the fiscal framework.
Last week, negotiations dragged on for three weeks and led to the package being improved with “more palatable” adjustments.
The final text, which will be presented to Congress soon, is eagerly awaited by parliamentarians and the market, as it should detail the concrete measures to achieve the fiscal targets announced by the government.
